Transocean has won new US Gulf contracts for Deepwater Proteus and Deepwater Conqueror, adding approximately $550 million in firm backlog, Splash247 reports.

The reported Proteus award covers ten wells and an estimated 700 days, contributing about $325 million, with work expected in the first quarter of 2027. The Conqueror award covers five wells and an estimated 450 days, adding about $225 million excluding mobilisation fees, with work expected in the third quarter of 2027.

The customers are not named. These are reported future contracts and backlog amounts, rather than work completed or revenue already received.

Update ·

In a subsequent report dated 3 November, Splash says Deepwater Conqueror has also secured a two-well programme in Equatorial Guinea scheduled for January to July 2027, while an additional single-well option for Deepwater Proteus has been exercised.

The same account restates the ten-well Proteus and five-well Conqueror US Gulf awards described in the original 20 October brief. Those commitments are not additional duplicate awards or work already completed.

Source report date: 2026-11-03. Source retrieved: .

Source: Splash247 · original report

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Source: Splash247 · original report